“Oliver Stone has brought some of the most thought-provoking, illuminating and iconic cinema to audiences over the years. The vastness of his body of written work can be seen in both breadth and depth,” said the festival’s executive director, Mystelle Brabbée, in a statement. “Very few screenwriters have consistently reached as high or have taken as many chances in screenplay after screenplay.”

With four decades of experience in the industry, Stone has written, directed and produced nearly 30 feature films, accruing a total of three Oscar wins: Best Director for “Born on the Fourth of July” (1989), Best Director for “Platoon” (1986) and Best Writing for “Midnight Express” (1979).

Previous recipients of the Screenwriters Tribute Award, one of the festival’s highest honors, include Aaron Sorkin, David O. Russell, Judd Apatow, Nancy Meyers and Barry Levinson. Seth Meyers will serve as this year’s host for the tribute event.

The 21st annual Nantucket Film Festival runs June 22-27 in Nantucket, Mass. Additional honorees will be announced in the coming weeks.